Originally Posted by
Bucking Bar
Age 67 will make the "pilot shortage"**(TM) worse, not better.
All this might sound like I'm anti-67 (or 70, or death) I do not have an opinion. I see this as just an economic matter of FACT: without either young people, or immigration, to pay the taxes, the older folks have to to work and pay taxes.
Absolute banger of a post, but just on this:
Mass population decline in modern countries is a vastly unappreciated problem.
The WSJ had a great v-blog article about China depopulation trends. Loosely summarized as the 4-2-1 problem, if 4 grandparents have 2 total kids, and those 2 have a single child, you eventually have one child who’ll be responsible for caring for the 6 elderly relatives above him/her, and they’ll be unlike to have children of their own as the demands of life become too great. The economy and maintaining an industrial economy becomes impossible.
https://youtu.be/gmehUgOy5ok
It’s a worldwide phenomenon in developed countries; when given the choice, people choose not to have kids for whatever reason. Government programs of all kinds to reverse this have marginal impact, if any.
China, South Korea, Japan, and much of Europe are in this pickle. US leans heavily on immigration, with some notable sub-cultures who continue to do well.